SoftBank reportedly aims to remove We Co. CEO | Study: 57% of candidates avoid companies with bad reps | Assessing skills is often overlooked in change management
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SoftBank, the largest investor in WeWork parent The We Co., is looking for ways to remove Adam Neumann as CEO of the workspace firm, sources say. Some board members of The We Co. reportedly also are discussing how to remove Neumann. Reuters (9/23)
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Recruiting & Retention
Study: 57% of candidates avoid companies with bad reps A study from Randstad USA found 57% of job candidates elect not to apply to companies that receive negative reviews online, but managers seem unconcerned about this trend. Two-thirds of managers said they do not believe negative reviews affect their ability to attract quality talent and just 34% of HR managers say they believe these reviews matter. Forbes (9/22)
House approves bill to outlaw mandatory arbitration The House has voted 225-186 to pass the Forced Arbitration Injustice Repeal Act, which would prohibit mandatory arbitration in several areas. The measure would bar agreements that force individuals and businesses to settle antitrust, consumer, employment and civil rights disputes solely through arbitration. ThinkAdvisor (free registration) (9/20)
The HR Leader
Tech firms dominate Glassdoor salary list Twenty of the 25 highest-paying companies in a Glassdoor list are in the tech sector, led by cybersecurity company Palo Alto Networks, with a median salary of $170,929. Close behind were Nvidia ($170,068 median salary), Twitter ($162,852), Gilead Sciences ($162,210) and Google ($161,254). TechRepublic (9/20)
